Buy, Rehab, Rent, Refinance, Repeat

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Does Buy, Rehab, Rent, Refinance, Repeat still work in this economy where it seems the homes value is going up? will I be able to still find good deals? Also has anyone read the book and what do you think for a beginner like myself?

Thank you

It for sure works but margins are definitely tighter as the market improves, you'll have to search harder for deals. 

The market is more competitive and it's unlikely to relent in the future, so it's something everyone has to adapt to.